GLOBE LIFE INC. — Director's Dealing 2012

Aug 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2012-08-03

Reporting Person: SMITH SCOTT ALAN (Exec. Officer of Principal Sub)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-03	Common Stock	M	7500	$42.4667	Acquired	12000	Direct
2012-08-03	Common Stock	M	7500	$43.06	Acquired	19500	Direct
2012-08-03	Common Stock	M	18000	$41.7867	Acquired	37500	Direct
2012-08-03	Common Stock	M	11250	$30.8734	Acquired	48750	Direct
2012-08-03	Common Stock	S	44250	$51.3156	Disposed	4500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-03	Employee Stock Option (Right to Buy)	$42.4667	M	7500	Disposed	2013-12-12	Common Stock (7500)	Direct
2012-08-03	Employee Stock Option (Right to Buy)	$43.06	M	7500	Disposed	2014-01-29	Common Stock (7500)	Direct
2012-08-03	Employee Stock Option (Right to Buy)	$41.7867	M	18000	Disposed	2015-02-26	Common Stock (18000)	Direct
2012-08-03	Employee Stock Option (Right to Buy)	$30.8734	M	11250	Disposed	2017-02-25	Common Stock (11250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Indirect

Footnotes

F1: Sales at prices ranging from $51.02 per share to $51.63 per share.

F2: Reporting person will provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer or any security holder of the issuer.